Getting pre-approved

What is a Debt-to-Income Ratio and How Does it Affect Your Mortgage?

By Joanna England / August 16, 2018 / 0 Comments

There’s a lot of mystery wrapped up in how you get pre-approved for a mortgage. Part of that lies in the debt-to-income ratio, which is part of the alchemy mortgage companies use to see how much you can borrow for your home. But how do they calculate it, and what’s behind the numbers? In this week’s […]

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